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Global Bio-based Butanol Market 2017-2021

Bio-based Butanol Sector: Worldwide Forecast until 2021

  • August 2017
  • 79 pages
  • ID: 3155263
In this report:
Similarly, various government policies and initiations in South Korea, Japan, and Malaysia, which are inclining toward the production of eco-friendly biofuels, are the key drivers for the growth of the bio-based butanol market in this region.
The global bio-based butanol market in the glycol ether segment was valued at $##.## billion in 2016 and is expected to reach $##.## billion by 2021 at a CAGR of ##.##%.

Summary

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About Bio-based Butanol

Bio-based butanol is used as a chemical or solvent in the synthesis of acrylate, acetate, glycol ether, direct solvents, plasticizers, and other chemicals. These chemicals are in turn widely used in applications including paints, plastics, textiles, coatings, polymer composites, and ceramics. Presently, bio-based butanol is used as a important solvent for a wide range of applications, and it is acquiring popularity for its use as a biofuel, which is predicted to become an alternative to ethanol in future.

Bio-based butanol is used as a solvent for various purposes including chemical and textile processes and is used as a thinner in coating industries and places where slow evaporating solvents are required. The advantage is that it prevents deterioration of coating in humid conditions. It is one of the most preferred solvents used in lacquers and baking finishes from urea. Even when the product is used in a small quantity, it increases the flow and brush-ability of alkyd resin paints. In the upcoming years, the growth of the overall chemicals and coatings sector will drive the growth of the overall bio-based butanol sector as a result of bio-based butanol's wide use as a preferable solvent in the chemicals and coatings industry.

The experts estimate the worldwide bio-based butanol market to increase at a compound annual Growth rate of ~9.3 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global bio-based butanol sector for 2017-2021. To calculate the market value, the industry report considers the RSP (retail selling price) as the average selling price of the product.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe (EU)

• ROW

The market study, World-wide Bio-based Butanol Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Increasing price of feedstock

• For a full, exhaustive list, view our market report

How is the market going?

• Increasing number of tactical alliances

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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Related Market Segments :

Butanol

Biofuel

ref:plp2017

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